Innolux Sales Rise 35.6% MoM

Innolux saw sales increase 35.6% month on month in March, reaching NT$36.9 billion ($1.2 billion) and taking sales for the first quarter to NT$100 billion ($3.2 billion), an increase of 11.6% year on year but down 12.9% from Q4.

Large panel shipments in March increased 28.1% sequentially to 11.3 million units, while small and medium-sized panel shipments were 47% higher at 22.6 million units. In Q1, Innolux shipped 31.6 million large panels, a decrease of 11.6% from Q4 and 61.9 million small and medium panels, 20% down on February.